XAUUSD: 18/6 Analysis and Strategy

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Gold technical analysis
Daily resistance 2340-70, support below 2277
Four-hour resistance 2328-40, support below 2307-2277

Gold operation suggestions: Yesterday, gold technicals were suppressed and fell in the shock. The price of Asian and European sessions was under pressure at the 2330 mark and fell weakly. The European session fell further downward and broke through the 2320 mark to reach 2315 and stabilized, then rebounded and rebounded. The US session slightly rose and pierced 2327, and was blocked and fell again. Finally, it accelerated downward and pierced 2310. The overall price was under pressure at the 2330 mark and there were multiple suppressions and declines.
From the daily trend, we focus on the 2335-2340 suppression of gold. Today, we can focus on the 2310 support. However, the recent focus is on the 2305-2300 support. Recently, the overall gold price is still suppressed below 2340 and fluctuates in the short side. The starting point of the daily level decline last week is also the recent watershed between long and short strengths. Before the daily level breaks through and stands on this position, it will continue to maintain a fluctuating downward trend.

SELL:2328 near SL:2331
SELL:2340 near SL:2345
BUY:2277 near SL:2274

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